Updated Side-by-Side
For Sale
Under Contract
$619,999
655 Gardners Neck Rd, Swansea, MA 02777
Residential Income, Swansea, MA
Property Size1,901 SF
Lot Size0.55 Acres
Price / SF$326.14
Days on Market13
Property Features for 655 Gardners Neck Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RR
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2
Parking
6
Fireplace
1
Directions
Use GPS please.
Standard status
Active Under Contract
APN
M:54.0 B:0095 L:000,3611860
Size
1,901 SF
Lot size
0.55 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7077
Building Details
Year built
1963
Floors in Building
2
Number of units
2
Buildings
1
Listing Agency:
RE/MAX Vantage · RE/MAX International
(774) 992-0297
Listed By:
Eddie Lopez
(508) 999-4424
Added: Oct 20
Changed: Oct 28
Last Checked: Nov 1 at 12:06AM
MLS# 73593123
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This Swansea duplex contains two side-by-side residences with a combined 1,901 square feet. One unit, configured with three bedrooms, is vacant; the second residence provides a separate living space. Each unit has a kitchen, and interior renovations were completed in 2022. A fireplace is also present.
The property occupies 0.55 acres and is zoned RR. Built in 1963, the duplex offers a two-unit configuration with one residence ready for occupancy and the other available for separate use.
The property occupies 0.55 acres and is zoned RR. Built in 1963, the duplex offers a two-unit configuration with one residence ready for occupancy and the other available for separate use.
Key Highlights
- Two‑unit side‑by‑side duplex
- 1,901 square feet of building area
- 0.55‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,973
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,460
$679.5K
Cap Rate 7%
$485,329
$485.3K
Cap Rate 9%
$377,478
$377.5K
Market Conditions
NOI Build-Up for 1,901 SF
Gross rent
$52.5K $27.60/SF
− Vacancy
−$3.9K −$2.07/SF
EGI
$48.5K $25.53/SF
− OpEx
−$14.6K −$7.66/SF
NOI
$34.0K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,460
Cap Rate 7%
$485,329
Cap Rate 9%
$377,478
Alternative Uses
Best Use
Multifamily LT 5
$485.3K
$424.7K – $566.2K
NOI $33,973 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$451.0K
$394.7K – $526.2K
NOI $31,572 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,037 @ 7.0% cap · market cap 13.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
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Business Placement
Demographics for 02777, MA
17,133
Population
6,780
Households
2.5
Avg Household Size
46
Median Age
34%
College-Educated
90%
High-School Grad
22.6 sq mi
ZIP Area
758
Density / Sq Mi
$116,627
Median Household Income
$60,548
Median Earnings
$1,332
Median Rent
$414,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences include a vacant three-bedroom unit and kitchens updated as part of 2022 renovations.
Where is this duplex located?
The property is located at 655 Gardners Neck Rd Swansea, MA.
What is the asking price?
The asking price for this property is $619,999.
What are key features of this property?
This property features: Two‑unit side‑by‑side duplex; 1,901 square feet of building area; 0.55‑acre parcel
